A redevelopment plan for a Chicago site presented by a team from the University of Texas at Austin has taken top honors in the 2017 Urban Land Institute (ULI) Hines Student Competition, an ideas competition that provides graduate students the opportunity to devise a comprehensive design and development scheme for a large-scale site in an urban area. Members of the team were awarded a first-place prize of $50,000 after the conclusion of the competition on April 6.

A federal jury has found the entities formerly known as Allied Home Mortgage Capital Corporation (Allied Capital) and Allied Home Mortgage Corporation (Allied Corporation) as well as president and CEO Jim C. Hodge liable in connection with more than a decade of fraudulent misconduct related to Allied’s participation in the Federal Housing Administration (FHA) mortgage insurance program. Samuel L. Bryant Investments – Houston Warehouse Space for Rent & Lease

Allegation: The U.S. Department of Labor has sued Martin Marietta Materials Inc. after an investigation by the department’s Wage and Hour Division found that the employer violated the Family Medical Leave Act. Investigators from the division’s San Antonio District Office found that Martin Marietta wrongfully denied the complainant the right to reinstatement by refusing to restore him to his original position, or by offering an equivalent position within the company

Insurance Commissioner David Mattax has appointed three members to serve on the board of directors of the Texas Property and Casualty Insurance Guaranty Association. The board oversees the association, which helps to protect Texans if a property and casualty insurer fails.

Congressman Henry Cuellar (D-TX-28) announced the inclusion of language in the Fiscal Year 2017 U.S. House Transportation, Housing and Urban Development, and Related Agencies (THUD) Appropriations bill that encourages the U.S. Department of Housing and Urban Development (HUD) and local public housing authorities to reduce the number of residents who exceed the maximum income requirements (“over-income residents”) in order to provide housing assistance to vulnerable persons and families who are most in need. The bill passed out of the full U.S. House Appropriations Committee Tuesday.

Texas residents affected by the severe storms, tornadoes and flooding in March will not lose Social Security benefits, pay additional taxes, or give up income-based benefit programs if they accept federal or state disaster aid. This includes homeowners, renters and businesses in Erath, Gregg, Harrison, Henderson, Hood, Jasper, Limestone, Marion, Newton, Orange, Parker, Shelby and Tyler counties who register for disaster assistance.

Free pre- and post-purchase education, mortgage credit courses result in more informed buyers positioned for success. First time home buying is among the biggest and most complex decisions most of us will make in our lives. Besides the financial commitment, buying a home also comes with a whole new world of unfamiliar terms and responsibilities.

Pine Creek Place, a 1970s-era home in Fredericksburg, Texas, has been selected as the South Central regional winner in 2015 Best in American Living Awards (BALA) by the National Association of Home Builders (NAHB). The home also received the 2015 BALA for Remodel of the Year

MERSCORP Holdings, Inc. today announced that Collin County District Court in Texas granted a motion for summary judgment in MERS’ favor reinstating the MERS lien on the property, which the Court found to be “in full force and effect.”

Texas home sales purchased by international homebuyers contributed $8.32 billion to the Texas economy between April 2014 and March 2015, according to the 2015 Texas International Homebuyers Report released today by the Texas Association of REALTORS

The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce that, in partnership with its member financial institutions, it has awarded more than $7.6 million in Affordable Housing Program (AHP) grants to 30 projects, primarily within its five-state District.

Congressman Rubén Hinojosa announces the United States Department of Agriculture (USDA) awarded grants and loans to Duval County and to the City of Alton for water projects and improvements as part of their Earth Day 2015 Project Selection

U.S. Representative Filemon Vela, D-Texas, hosted U.S. Representative Bill Shuster, R-Pennsylvania, Chairman of the House Committee on Transportation and Infrastructure at the Port of Brownsville. Chairman Shuster is participating in a bipartisan transportation and infrastructure congressional delegation visit to South Texas

On Friday, May 23, 2014, Congressman Al Green released the following statement on the nomination of San Antonio Mayor Julián Castro to be the Director of the Department of Housing and Urban Development (HUD)